Timothy N. Spence

President at Fifth Third Bank

Tim Spence serves as President of Fifth Third Bancorp. He leads all business lines and regional banking, as well as the Bank’s strategy.

Tim joined Fifth Third in 2015 as chief strategy officer. In 2018, he was named head of Consumer Bank, Payments and Strategy, where he was responsible for leading multiple businesses including Retail, Mortgage, Marketing, Payments, Strategy and Digital Solutions operations. He also was responsible for corporate strategy, innovation, brand awareness, decision sciences, corporate development and financial-technology partnerships teams. He became president in 2020.

Before joining the Bank, Tim worked as a senior partner in the financial services practice group at Oliver Wyman, advising executives at the world’s largest financial institutions on strategy, innovation and performance improvement. He also served as that firm’s U.S. Midwest region leader.

Before Oliver Wyman, Tim held a variety of management positions at two early-stage technology firms.


Previous companies

Oliver Wyman logo


  • President

    Current role

  • EVP & Head of Consumer Bank, Payments, and Strategies

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